Empowering Africa’s tomorrow, together…one story at a time.
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary
Reporting into the PPB COO, and working with the PPB CFO, the Productivity Director will support in driving productivity initiatives across the PPB as part of Absa’s Productivity Programme. The Productivity Director will support the PPB COO in maintaining the programme’s strategic alignment to Absa’s productivity-related targets at PPB level and into Group, ensuring that these are delivered on by the PPB Business Units (BUs) and Functions.
Job Description
Strategic programme direction support
Supporting the PPB COO and PPB Exco on Productivity Programme and culture, by:
- Maintaining programme alignment to PPB and Group strategy and relevant performance metrics at a Group-wide and Business Unit/Function level.
- Pro-actively shaping and adapting the programme based on upcoming demands and delivery risks
- Identifying new potential areas of productivity improvements and/or key considerations
- Gathering data and insights from various sources both internal and external and analysing such data to identify patterns, trends and areas for improvement
- Effectively escalating key strategic productivity decisions to PPB Exco, presenting options and trade-offs for consideration, and provide strong, well-evidenced recommendations to the Board
- Critical review of productivity initiative portfolio based on deep programme knowledge, to challenge the direction of the programme and its initiatives
Ambassador for Productivity
- Responsible for building and maintaining strong relationships with relevant BU and Function leadership for collective buy-in and momentum on the programme, including presenting to and influencing senior stakeholders in relevant forums
- Supporting the PPB COO and PPB CFO in developing and maintaining a PPB-wide communication strategy for productivity in conjunction with key BU stakeholders
- Responsible for providing context and direction to change resource on the programme short- and long-term targets for productivity to support the shift in culture required for long-term benefits
Ownership of Productivity frameworks
- Accountable for ensuring that appropriate metrics are used to assess productivity gains and these are reflected in performance assessment at different levels of the organization as appropriate
- Responsible for ensuring correct reporting on productivity metrics by BUs and Functions and that measurement frameworks are correctly adhered to
- Responsible for collaborating with Finance to ensure that productivity is incorporated correctly within financial planning and tracking purposes
Productivity Programme governance support
- Support the PPB COO and PPB CFO on the Productivity Programme in effectively managing the PPB Productivity Committee, ensuring agendas are aligned to programme priorities, attendees are well-informed ahead of meetings, and actions are communicated and completed
- Keep the PPB COO and PPB CFO informed on the BU and Function-level engagement and input to relevant Change governance forums, to support ability to raise and action risks to initiative execution
Performance management
- Responsible for ensuring that collaboration mechanisms (working groups, committees) are effective in executing cross-cutting initiatives and unblocking progress
- Consulted on BU and Function performance against target to manage performance where required and to advise on remediation or escalate performance issues to PPB Productivity Committee and to Group Productivity Steerco
- Consulted on adaptations to BU and Function productivity planning based on updates to forecasted benefits
- Support the PPB COO and PPB CFO in maintaining incentivisation mechanisms developed to motivate productivity target delivery across PPB, in line with Group Productivity Office
Risk management
- Supporting the PPB COO and PPB CFO in proactively identifying and communicating programme risks and issues, and ensuring sufficient mitigation and contingency plans are in place and executed
Education
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)
Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertise